Leisure Village, NJ
Housing market overview · Updated weekly
$170,000median sale price
Homes sold
11
Last 12 weeks
Days on market
59
Average pace
Active listings
55
5.0 months supply
Sale-to-list
92.0%
Below asking
Leisure Village, NJ housing market analysis
The Leisure Village housing market is currently classified as a buyer's market with a median sale price of $170,000. Prices have increased 1.5% compared to last year, reflecting continued demand and limited supply putting upward pressure on home values across the area. Homes in Leisure Village spend an average of 59 days on market before going under contract, which is above average, giving buyers more time to evaluate properties and negotiate favorable terms.
With 5.0 months of supply, Leisure Village is approaching equilibrium. Neither buyers nor sellers hold a decisive advantage, which creates an environment where thoughtful negotiations and fair pricing tend to produce successful transactions for both parties. The average sale-to-list price ratio stands at 92.0%, meaning homes are selling below asking price on average, suggesting room for negotiation.
There are currently 55 active listings in Leisure Village, providing a very limited selection that intensifies competition among buyers. New listings coming to market totaled 13 in the most recent period, which suggests slower turnover with fewer new options entering the pipeline. Monitoring inventory trends over time provides one of the best leading indicators of where prices are headed. Rising inventory typically precedes price moderation, while declining inventory often signals continued price appreciation.
Whether you're a first-time homebuyer evaluating Leisure Village as a place to put down roots, an investor analyzing cash flow potential, or a current homeowner tracking your equity position, understanding these market dynamics is essential for making well-timed, data-informed decisions. Compare Leisure Village with nearby markets using our city comparison tool, or estimate your monthly costs with our mortgage calculator.
Market trends
Zip codes in Leisure Village, NJ
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Frequently asked questions
What is the average home price in Leisure Village?
The median home sale price in Leisure Village is $170,000, up 1.5% from last year.
How long do homes stay on market in Leisure Village?
Homes typically spend 59 days on market before going under contract.
Is Leisure Village a buyer's or seller's market?
With 5.0 months of supply, Leisure Village is currently a buyer's market.
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